At least 10 killed by Riyadh building explosion
RIYADH (Reuters) – At least 10 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that caused the collapse of an industrial building, witness and television reports said. Al Arabiya and Al Jazeera television stations reported at least a further 50 people were injured. They said 10 were dead and a witness at the scene told Reuters he had seen that many bodies. The building, several storeys high, was almost leveled by the blast, with only one corner left standing. …
Hit by crisis, Greek society in free-fall
A sign taped to a wall in an Athens hospital appealed for civility from patients. "The doctors on duty have been unpaid since May," it read, "Please respect their work."
Fuel tanker explodes in Saudi capital; 2 killed
A fuel truck exploded in an apparent roadway accident on Thursday in the Saudi capital, Riyadh, engulfing buildings and cars in flames and killing at least two people, witnesses and officials said.
Putin spokesman: Crane flight didn't injure him
Did Vladimir Putin’s flight with a flock of cranes end up grounding him? The Russian president’s spokesman says no.
Sony posts small second-quarter profit, keeps full-year forecast
TOKYO (Reuters) – Japan's Sony Corp booked a small operating profit in the second quarter, after a loss a year ago, helped by the sale of a chemicals business that offs et weak demand for its TVs and other devices, and it kept its full-year profit guidance. July-September operating profit of 30.3 billion yen ($379 million) compared with a 1.64 billion yen loss a year ago, and was close to the average 33.8 billion yen profit estimated by five analysts surveyed by Thomson Reuters I/B/E/S. …
Shell Q3 drops on oil price, charges
LONDON (Reuters) – World No. 2 oil company Royal Dutch/Shell suffered a 15 percent fall in current cost of supply profits in the third quarter as the impact of lower crude prices and charges outweighed stronger margins in refining. Shell reported CCS net profit of $6.1 billion, down from $7.2 billion a year ago. Stripping out the charges for weak U.S. gas prices, UK tax changes and other factors, the result was $6.6 billion. Analysts had predicted a result of $6.3 billion. (Reporting by Andrew Callus)
Glencore sees "healthy improvement" in marketing in Q3
LONDON (Reuters) – Trader Glencore said its closely watched marketing operations performed "strongly" in the third quarter, boosted by trading in agriculture and metals , though it warned tough global economic conditions would not improve any time soon. "(The third quarter) saw a healthy improvement both year-on-year and sequentially," Glencore said of its marketing operation, which accounts for a smaller portion of profit than its industrial arm, but is less easily forecast. "Glencore's outlook for the remainder of the year in marketing remains positive. …
Monday, November 5, 2012
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